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Moody's Crosses Above its 10-day MA (MCO)

By Shiri Gupta

Moody's (NYSE:MCO) shares have crossed bullishly above their 10-day moving average of $93.18 on a volume of 154K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Moody's have traded between a low of $77.76 and a high of $113.87 and are now at $94.57, which is 22% above that low price. The 200-day and 50-day moving averages have moved 0.37% lower and 0.64% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Moody's. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Moody's in search of a potential trend change.

Keywords: moving crosses moody's

Ticker(s): MCO